TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
SG SCHIMENTI FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)8805 TAMIAMI TRAIL N 368
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NAPLES, FL341082525

A Employer identification number

45-4076946

B Telephone number (see instructions)

(203) 912-5646

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$43,467,522J Accounting method: Cash Accrual
Other (specify)Modified Cash
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	467,317		467,317
4	Dividends and interest from securities...	834,955		834,964
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		257,047
b	Gross sales price for all assets on line 6a 4,863,837
7	Capital gain net income (from Part IV, line 2)...			257,047
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	0	-8,437
12	Total. Add lines 1 through 11........	1,559,319		1,550,891
13	Compensation of officers, directors, trustees, etc.	210,000		0	210,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	5,000	0	5,000
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	16,916	0	16,916
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	76,125	76,125	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	28,011	91	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	5,670	7,331	5,638
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	341,722		83,547	237,554
25	Contributions, gifts, grants paid.......	1,423,000			1,423,000
26	Total expenses and disbursements. Add lines 24 and 25	1,764,722		83,547	1,660,554
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-205,403
b	Net investment income (if negative, enter -0-)			1,467,344
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	9,147,623	6,251,331	6,251,331
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	774,477	List of Attached Documents: // Content 683,948	683,948
	b	Investments—corporate stock (attach schedule).......	1,749,174	List of Attached Documents: // Content 2,885,245	2,885,245
	c	Investments—corporate bonds (attach schedule).......	9,970,246	List of Attached Documents: // Content 10,364,918	10,364,918
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	19,161,962	List of Attached Documents: // Content 23,282,080	23,282,080
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	40,803,482	43,467,522	43,467,522
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	40,803,482	43,467,522
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	40,803,482	43,467,522
	30	Total liabilities and net assets/fund balances (see instructions).	40,803,482	43,467,522

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

40,803,482

Enter amount from Part I, line 27a .....................

-205,403

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

2,869,443

Add lines 1, 2, and 3 ..........................

43,467,522

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

43,467,522

Form 990-PF (2024)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b	GABELLI ASSOCIATES LIMITED CLASS A INITIAL SERIES 1,107.381813 SHARES	P	2022-10-01	2024-03-01
c	GABELLI ASSOCIATES LIMITED CLASS A INITIAL SERIES 1,106.537307 SHARES	P	2022-10-01	2024-06-01
d	CAPITAL GAINS DIVIDENDS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,805,135	2,726,555	78,580
b	1,000,000	940,476	59,524
c	1,000,000	939,759	60,241
d	58,702		58,702
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			78,580
b			59,524
c			60,241
d			58,702
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	257,047
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	20,396
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	20,396
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	20,396
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	14,900
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	25,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	39,900
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	128
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	19,376
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax19,376	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

GLENN ANGIOLILLO Telephone no. right arrow

(203) 912-5646

Located at right arrow

8805 TAMIAMI TRAIL N SUITE 368NAPLESFL ZIP+4 right arrow

341082525

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

Yes

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
GLENN ANGIOLILLO	DIRECTOR, PRESIDENT, SECRETARY 15.00	170,000
8805 TAMIAMI TRAIL N SUITE 368 NAPLES,FL341082525	DIRECTOR, PRESIDENT, SECRETARY 15.00	170,000
GIAN ANGIOLILLO	DIRECTOR 3.00	20,000
8805 TAMIAMI TRAIL N SUITE 368 NAPLES,FL341082525	DIRECTOR 3.00	20,000
CHARLES MURPHY	DIRECTOR 3.00	20,000
8805 TAMIAMI TRAIL N SUITE 368 NAPLES,FL341082525	DIRECTOR 3.00	20,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

33,586,588

Average of monthly cash balances.......................

9,126,494

Fair market value of all other assets (see instructions)................

290,737

Total (add lines 1a, b, and c).........................

43,003,819

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

43,003,819

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

645,057

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

42,358,762

Minimum investment return. Enter 5% (0.05) of line 5................

2,117,938

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

2,117,938

Tax on investment income for 2024 from Part V, line 5 .......

20,396

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

20,396

Distributable amount before adjustments. Subtract line 2c from line 1............

2,097,542

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

2,097,542

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

2,097,542

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,660,554

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

1,660,554

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7				2,097,542
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			1,646,159
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......
e From 2023......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2024 from Part
XI, line 4: $ 1,660,554
a Applied to 2023, but not more than line 2a			1,646,159
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2024 distributable amount.....				14,395
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2024.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........				2,083,147
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ABILIS INC 50 GLENVILLE STREET GREENWICH,CT068314140	N/A	PC	GENERAL OPERATING SUPPORT	10,000
BOYS AND GIRLS CLUB OF GREENWICH 4 HORSENECK LANE GREENWICH,CT068306327	N/A	PC	GENERAL OPERATING SUPPORT	20,000
CHURCH OF OUR LADY OF THE ROSARY 22 DON BOSCO PLACE PORT CHESTER,NY105735046	N/A	PC	FOOD PANTRY	33,000
COFFEE FOR GOOD 48 MAPLE AVENUE GREENWICH,CT068305672	N/A	PC	GENERAL OPERATING SUPPORT	10,000
FAIRFIELD COLLEGE PREPARATORY SCHOOL 1073 N BENSON ROAD FAIRFIELD,CT068245171	N/A	PC	SCHOLARSHIPS	200,000
GREENWICH UNITED WAY 2 DEARFIELD DRIVE SUITE 300 GREENWICH,CT068315301	N/A	PC	GENERAL OPERATING SUPPORT	20,000
HOPELINE WOMEN'S CENTER 4749 MAIN ST BRIDGEPORT,CT066061805	N/A	PC	GENERAL OPERATING SUPPORT	10,000
SALESIAN HIGH SCHOOL 148 E MAIN STREET NEW ROCHELLE,NY108015324	N/A	PC	SCHOLARSHIPS	45,000
WATERSIDE SCHOOL INC 770 PACIFIC STREET STAMFORD,CT069027329	N/A	PC	SCHOLARSHIPS	1,050,000
YMCA OF GREENWICH 50 E PUTNAM AVENUE GREENWICH,CT068305601	N/A	PC	GENERAL OPERATING SUPPORT	25,000
Total ................................. 3a				1,423,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	467,317
4 Dividends and interest from securities ....			14	834,955
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	257,047
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,559,319	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,559,319

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ANNUAL BOOKKEEPING AND TAX RETURN PREPARATION	16,916	0		16,916

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ADVENTIST HEALTH SYS WEST, 03/01/32, 5.430% (007944AH4) 75,000 QTY	74,656	74,656
AERCAP IRELAND CAPITAL DAC, 01/30/32, 3.300% (00774MAX3) 150,000 QTY	130,727	130,727
AIR LEASE CORP, 01/15/32, 2.875% (00914AAS1) 75,000 QTY	63,933	63,933
AMERICAN ELECTRIC POWER CO INC, 03/01/33, 5.625% (025537AX9) 70,000 QTY	70,764	70,764
AMERICAN EXPRESS CO, 07/27/29, 5.282% (025816DH9) 75,000 QTY	75,837	75,837
AMERICAN INTL GROUP INC, 06/30/30, 3.400% (026874DR5) 75,000 QTY	69,175	69,175
AMGEN INC, 03/02/33, 5.250% (031162DR8) 75,000 QTY	74,480	74,480
AON CORP / AON GLOBAL HOLDINGS, 02/28/33, 5.350% (03740LAG7) 100,000 QTY	99,633	99,633
ASSURED GUARANTY US HOLDINGS I, 06/15/31, 3.150% (04621WAD2) 85,000 QTY	75,060	75,060
AT&T INC, 12/01/33, 2.550% (00206RMM1) 90,000 QTY	72,542	72,542
ATHENE HOLDING LTD, 01/15/31, 3.500% (04686JAC5) 90,000 QTY	81,141	81,141
AUTOZONE INC SR GLBL NT, 08/01/33, 5.200% (053332BF8) 75,000 QTY	73,957	73,957
AXA EQUITABLE HOLDINGS INC, 04/20/28, 4.350% (054561AJ4) 80,000 QTY	78,383	78,383
BANK OF AMERICA CORP, 07/23/30, 3.194% (06051GHV4) 125,000 QTY	115,212	115,212
BANK OF NEW YORK MELLON CORP/T, 04/26/27, 4.947% (06406RBQ9) 100,000 QTY	100,430	100,430
BANK OF NOVA SCOTIA/THE, 06/12/28, 5.250% (06418GAD9) 75,000 QTY	75,785	75,785
BAXTER INTL INC SR GLBL NT, 02/01/32, 2.539% (071813CS6) 100,000 QTY	83,411	83,411
BBMCS MTG TR, 04/15/56, 5.753% (05553RAZ3) 75,000 QTY	75,638	75,638
BECTON DICKINSON AND CO, 08/22/32, 4.298% (075887CP2) 75,000 QTY	70,606	70,606
BERRY GLOBAL INC, 01/15/27, 1.650% (08576PAF8) 85,000 QTY	79,570	79,570
BLOCK FINANCIAL LLC, 08/15/30, 3.875% (093662AH7) 85,000 QTY	78,420	78,420
BOARDWALK PIPELINES LP SR NT, 09/01/32, 3.600% (096630AJ7) 75,000 QTY	65,525	65,525
BOSTON MEDICAL CENTER CORP, 07/01/26, 4.519% (10103DAA4) 75,000 QTY	74,296	74,296
BROADCOM INC, 11/15/30, 4.150% (11135FAQ4) 90,000 QTY	86,088	86,088
BROWN & BROWN INC SR NT, 06/11/34, 5.650% (115236AG6) 75,000 QTY	75,138	75,138
BUNGE LTD FINANCE CORP, 05/14/31, 2.750% (120568BC3) 65,000 QTY	56,222	56,222
CANADIAN IMPERIAL BANK OF, 08/04/25, 3.945% (13607H6M9) 75,000 QTY	74,706	74,706
CAPITAL ONE FINANCIAL CORP, 02/01/35, 6.051% (14040HDF9) 70,000 QTY	71,142	71,142
CDW LLC / CDW FINANCE CORP, 02/15/29, 3.250% (12513GBF5) 75,000 QTY	69,090	69,090
CENTERPOINT ENERGY RES CORP SR, 03/01/28, 5.250% (15189YAG1) 75,000 QTY	75,712	75,712
CHARLES SCHWAB CORP/THE, 05/19/29, 5.643% (808513CD5) 80,000 QTY	81,626	81,626
CHARTER COMMUNICATIONS OPERATI, 04/01/32, 2.800% (161175BU7) 100,000 QTY	84,377	84,377
CHENIERE ENERGY PARTNERS L P, 03/01/31, 4.000% (16411QAK7) 110,000 QTY	101,784	101,784
CITIGROUP INC, 04/23/29, 4.075% (172967LW9) 100,000 QTY	97,009	97,009
COMCAST CORP, 05/15/33, 4.800% (20030NEE7) 75,000 QTY	72,877	72,877
COMMONSPIRIT HEALTH, 11/01/27, 6.073% (20268JAK9) 75,000 QTY	77,154	77,154
CONTINENTAL RESOURCES INC/OK, 01/15/28, 4.375% (212015AS0) 75,000 QTY	72,951	72,951
CVS HEALTH CORP, 02/21/33, 5.250% (126650DU1) 100,000 QTY	95,888	95,888
DEUTSCHE BANK AG/NEW YORK, 01/13/26, 4.100% (251526BZ1) 100,000 QTY	99,404	99,404
DIAMONDBACK ENERGY INC SR NT, 03/24/31, 3.125% (25278XAR0) 85,000 QTY	75,127	75,127
DOLLAR GENERAL CORP, 11/01/32, 5.000% (256677AL9) 75,000 QTY	71,952	71,952
DOMINION ENERGY INC SR GLBL -C NT, 11/15/32, 5.375% (25746UDR7) 100,000 QTY	100,270	100,270
DUKE ENERGY CORP, 08/15/32, 4.500% (26441CBT1) 75,000 QTY	71,463	71,463
EAGLE MATERIALS INC, 07/01/31 2.500% (26969PAB4) 80,000 QTY	68,058	68,058
ENERGY TRANSFER OPERATING LP, 04/15/29, 5.250% (29278NAG8) 75,000 QTY	75,255	75,255
ENTERGY TEXAS INC 1M GLBL BD, 03/30/29, 4.000% (29365TAG9) 75,000 QTY	72,571	72,571
EQT CORP, 02/01/30 7.000% (26884LAG4) 70,000 QTY	74,355	74,355
EQUINIX INC, 11/18/29, 3.200% (29444UBE5) 85,000 QTY	78,133	78,133
ESSENTIAL UTILS INC SR GLBL NT 30, 04/15/30, 2.704% (29670GAD4) 90,000 QTY	80,219	80,219
EVERSOURCE ENERGY, 05/15/33, 5.125% (30040WAU2) 105,000 QTY	102,045	102,045
EXELON CORP, 03/15/33, 5.300% (30161NBK6) 100,000 QTY	99,793	99,793
EXPEDIA GROUP INC SR GLBL NT, 02/15/30, 3.250% (30212PAR6) 85,000 QTY	78,354	78,354
FIFTH THIRD BANCORP, 04/25/33, 4.337% (316773DF4) 100,000 QTY	92,916	92,916
FISERV INC, 03/02/33, 5.600% (337738BE7) 70,000 QTY	70,941	70,941
FORD MOTOR CO, 08/19/32, 6.100% (345370DB3) 75,000 QTY	74,683	74,683
GENERAL MOTORS FINANCIAL CO IN, 01/04/34, 5.950% (37045XEV4) 75,000 QTY	75,377	75,377
GOLDMAN SACHS GROUP INC/THE, 05/01/29, 4.223% (38141GWZ3) 100,000 QTY	97,293	97,293
HCA INC, 09/01/28, 5.625% (404121AJ4) 75,000 QTY	75,993	75,993
HEWLETT PACKARD ENTERPRISE CO, 10/15/34, 5.000% (42824CBV0) 75,000 QTY	72,136	72,136
HSBC HOLDINGS PLC, 03/13/28, 4.041% (404280BK4) 80,000 QTY	78,307	78,307
HUNTINGTON BANCSHARES INC/OH, 02/02/35, 5.709% (446150BD5) 75,000 QTY	74,960	74,960
IDEX CORP, 05/01/30, 3.000% (45167RAG9) 85,000 QTY	76,850	76,850
INTERCONTINENTAL EXCHANGE INC, 03/15/33, 4.600% (45866FAW4) 80,000 QTY	76,802	76,802
JABIL INC, 01/15/31, 3.000% (466313AK9) 85,000 QTY	74,915	74,915
JBS USA LUX S A, 01/01/33, 5.750% (46590XAY2) 100,000 QTY	99,440	99,440
JPMORGAN CHASE & CO, 04/22/32, 2.580% (46647PCC8) 125,000 QTY	107,249	107,249
KINDER MORGAN INC, 02/15/31, 2.000% (49456BAR2) 90,000 QTY	75,374	75,374
KROGER CO, 09/15/29, 8.000% (501044BV2) 65,000 QTY	72,738	72,738
L3HARRIS TECHNOLOGIES INC, 07/31/33, 5.400% (502431AQ2) 70,000 QTY	69,851	69,851
LENNAR CORP, 11/29/27, 4.750% (526057CD4) 75,000 QTY	74,772	74,772
LOUISVILLE GAS & ELEC CO 1M GLBL BD, 04/15/33, 5.450% (546676AZ0) 70,000 QTY	70,778	70,778
M D C HLDGS INC CR SEN SR GLBL, 01/15/30, 3.850% (552676AT5) 85,000 QTY	80,049	80,049
MARRIOTT INTERNATIONAL INC/MD, 10/15/32, 3.500% (571903BF9) 115,000 QTY	101,478	101,478
MARSH & MCLENNAN COS INC SR GLBL NT, 09/15/33, 5.400% (571748BU5) 75,000 QTY	75,911	75,911
MITSUBISHI UFJ FINANCIAL G, 07/20/27, 1.538% (606822BY9) 100,000 QTY	95,104	95,104
MORGAN STANLEY FIN LLC MEDIUM TERM, 06/28/26, 5.850% (61766YTF8) 100,000 QTY	93,779	93,779
MORGAN STANLEY, 01/23/30, 4.431% (6174468G7) 100,000 QTY	97,355	97,355
MOTOROLA SOLUTIONS INC SR GLBL NT, 05/24/31, 2.750% (620076BU2) 100,000 QTY	86,579	86,579
MPLX LP, 08/15/30, 2.650% (55336VBQ2) 90,000 QTY	78,754	78,754
NASDAQ INC, 06/28/28, 5.350% (63111XAH4) 75,000 QTY	76,079	76,079
NATIONAL GRID PLC, 06/12/33, 5.809% (636274AE2) 75,000 QTY	76,547	76,547
NEWMONT CORP, 07/15/32, 2.600% (651639AZ9) 75,000 QTY	63,694	63,694
NEXTERA ENERGY CAPITAL HOLDING, 01/15/31, 2.440% (65339KBZ2) 90,000 QTY	75,062	75,062
NORTHERN TRUST CORP, 11/02/32, 6.125% (665859AX2) 95,000 QTY	100,295	100,295
NUCOR CORP SR GLBL NT 32, 04/01/32, 3.125% (670346AV7) 85,000 QTY	74,481	74,481
NUTRIEN LTD, 03/27/28, 4.900% (67077MBA5) 75,000 QTY	74,972	74,972
NVENT FINANCE SARL, 04/15/28, 4.550% (67078AAD5) 100,000 QTY	99,012	99,012
OCCIDENTAL PETROLEUM CORP, 07/15/30, 8.875% (674599EA9) 65,000 QTY	74,233	74,233
ONEOK INC, 09/01/33, 6.050% (682680BL6) 75,000 QTY	77,196	77,196
ORACLE CORP, 11/09/29, 6.150% (68389XCH6) 75,000 QTY	78,661	78,661
OWENS CORNING NEW SR GLBL NT, 06/15/34, 5.700% (690742AP6) 75,000 QTY	76,162	76,162
PACIFIC GAS AND ELECTRIC CO, 01/15/33, 6.150% (694308KJ5) 100,000 QTY	103,790	103,790
PHILLIPS 66, 06/30/33, 5.300% (718547AR3) 75,000 QTY	74,292	74,292
PILGRIM'S PRIDE CORP, 07/01/33, 6.250% (72147KAK4) 75,000 QTY	76,399	76,399
PLAINS ALL AMERICAN PIPELINE L, 09/15/30, 3.800% (72650RBN1) 85,000 QTY	78,900	78,900
PNC FINANCIAL SERVICES GROUP I, 12/02/28, 5.354% (693475BK0) 110,000 QTY	111,556	111,556
PROVIDENCE ST JOSEPH HEALTH OB, 10/01/33, 5.403% (743820AC6) 75,000 QTY	74,947	74,947
PUBLIC SVC ENTERPRISE GROUP SR NT, 10/15/33, 6.125% (744573AX4) 75,000 QTY	78,151	78,151
PUGET ENERGY INC SR SEC GLBL NT, 06/15/30, 4.100% (745310AK8) 80,000 QTY	75,440	75,440
PULTE CORP, 06/15/32, 7.875% (745867AM3) 65,000 QTY	74,086	74,086
RAYTHEON TECHNOLOGIES CORP, 02/27/33, 5.150% (75513ECR0) 80,000 QTY	79,347	79,347
ROYAL BANK OF CANADA, 01/12/28, 4.900% (78016FZW7) 75,000 QTY	75,041	75,041
SCIENCE APPLICATIONS INT, 07/01/33, 5.500% (808626AG0) 75,000 QTY	73,777	73,777
SEMPRA GLBL NT, 08/01/33, 5.500% (816851BR9) 75,000 QTY	75,172	75,172
SOTHWESTERN ENERGY CO, 02/01/32, 4.750% (845467AT6) 75,000 QTY	69,810	69,810
SOUTHERN CALIFORNIA EDISON CO, 11/01/32, 5.950% (842400HT3) 70,000 QTY	73,026	73,026
SOUTHERN CO/THE, 06/15/33, 5.200% (842587DR5) 105,000 QTY	103,823	103,823
SOUTHWEST AIRLINES CO, 02/10/30, 2.625% (844741BF4) 90,000 QTY	79,678	79,678
STATE STREET CORP, 11/04/28, 5.820% (857477BY8) 60,000 QTY	61,711	61,711
STEEL DYNAMICS INC, 01/15/31, 3.250% (858119BM1) 100,000 QTY	90,192	90,192
TARGA RESOURCES CORP, 02/01/33, 4.200% (87612GAA9) 110,000 QTY	99,948	99,948
T-MOBILE USA INC, 04/15/29, 3.375% (87264ABV6) 80,000 QTY	74,669	74,669
TORONTO-DOMINION BANK/THE, 07/17/28, 5.523% (89115A2U5) 75,000 QTY	76,221	76,221
TRUIST FINANCIAL CORP, 01/26/29, 4.873% (89788MAL6) 115,000 QTY	114,423	114,423
UPMC, 05/15/33, 5.035% (90320WAG8) 75,000 QTY	73,703	73,703
US BANCORP, 02/01/29, 4.653% (91159HJK7) 80,000 QTY	79,210	79,210
VALERO ENERGY CORP, 04/15/32, 7.500% (91913YAE0) 75,000 QTY	84,195	84,195
VERIZON COMMUNICATIONS INC, 03/22/30, 3.150% (92343VFE9) 75,000 QTY	68,659	68,659
VIATRIS INC, 06/22/27, 2.300% (92556VAC0) 85,000 QTY	79,724	79,724
VMWARE INC, 05/15/30, 4.700% (928563AF2) 75,000 QTY	73,408	73,408
VULCAN MATERIALS CO, 06/01/30, 3.500% (929160AZ2) 75,000 QTY	69,447	69,447
WABTEC CORP, 09/15/28, 4.700% (960386AM2) 75,000 QTY	74,273	74,273
WARNERMEDIA HOLDINGS INC, 03/15/32, 4.279% (55903VBC6) 115,000 QTY	101,372	101,372
WELLS FARGO & CO, 03/24/28, 3.526% (95000U2V4) 75,000 QTY	72,732	72,732
WESTERN MIDSTREAM OPERATING LP, 04/01/33, 6.150% (958667AE7) 100,000 QTY	102,148	102,148
WEYERHAEUSER CO, 12/15/33, 6.875% (962166BT0) 75,000 QTY	81,904	81,904
WILLIS NORTH AMERICA INC, 09/15/28, 4.500% (970648AG6) 75,000 QTY	73,631	73,631
XCEL ENERGY INC GLBL NT, 06/01/32, 4.600% (98388MAD9) 75,000 QTY	71,391	71,391

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3I GROUP ADR (TGOPY) 191.000 SHARES	4,317	4,317
ADYEN N V ADR (ADYEY) 221.000 SHARES	3,240	3,240
ALPHABET INC CAP STK CL C (GOOG) 1,204.110 SHARES	229,311	229,311
AON PLC CL A (AON) 7.000 SHARES	2,514	2,514
AON PLC CL A (AON) 854.291 SHARES	306,827	306,827
APPLE INC (AAPL) 1,514.495 SHARES	379,260	379,260
ARCH CAPITAL GROUP COM STK (ACGL) 44.000 SHARES	4,063	4,063
ASM INTERNATIONAL NV ASM INTERNATIONAL N.V. COM STK (ASMIY) 5.000 SHARES	2,846	2,846
ASML HOLDING NV NY REG 2012 (ASML) 5.000 SHARES	3,465	3,465
ASTRAZENECA PLC SPONSORED ADR (AZN) 70.000 SHARES	4,586	4,586
ATLASSIAN CORP CL A (TEAM) 13.000 SHARES	3,164	3,164
BAE SYS PLC SPONSORED ADR (BAESY) 53.000 SHARES	3,029	3,029
CANADIAN NAT RES LTD COM CANADIAN NAT RES COM STK (CNQ) 76.000 SHARES	2,346	2,346
CANADIAN PAC RY LTD COM NPV (CP) 52.000 SHARES	3,763	3,763
COMPASS GROUP PLC SPON ADR EACH REP 1 ORD SHS (CMPGY) 93.000 SHARES	3,124	3,124
COUPANG INC (CPNG) 159.000 SHARES	3,495	3,495
ENERGY SELCET SECTOR SPDR (XLE) 976.906 SHARES	83,682	83,682
EXPERIAN PLC (EXPGY) 53.000 SHARES	2,265	2,265
FERGUSON PLC (FERG) 14.000 SHARES	2,430	2,430
FERRARI N V FERRARI N V COMMON STOCK (RACE) 12.000 SHARES	5,098	5,098
ICICI BK LTD (IBN) 109.000 SHARES	3,255	3,255
ICON PLC (ICLR) 20.000 SHARES	4,194	4,194
LINDE PLC (LIN) 8.000 SHARES	3,349	3,349
MARRIOTT INTL INC NEW CL A (MAR) 1,478.875 SHARES	412,517	412,517
MEITUAN UNSPON ADS EACH REP 2 ORD SHS CL 8 (MPNGY) 94.000 SHARES	3,648	3,648
MERCADOLIBRE INC COM STK (MELI) 1.000 SHARE	1,700	1,700
META PLATFORMS INC CL A (META) 175.146 SHARES	102,550	102,550
MICROSOFT CORP (MSFT) 487.612 SHARES	205,528	205,528
MITSUBISHI HEAVY INDS LTD ADS (MHVIY) 156.000 SHARES	4,365	4,365
MONDAY COM LTD COM NPV (MNDY) 13.000 SHARES	3,061	3,061
NOVO-NORDISK A S ADR (NVO) 67.000 SHARES	5,763	5,763
NU HOLDINGS LTD (NU) 227.000 SHARES	2,352	2,352
NVIDIA CORP (NVDA) 2,200.998 SHARES	295,572	295,572
PALO ALTO NETWORKS (PANW) 1,486.000 SHARES	270,393	270,393
ROLLS ROYCE HOLDINGS PLC SPONSORED ADR (RYCEY) 618.000 SHARES	4,397	4,397
RYMAN HOSPITALITY PPPTYS (RHP) 2,575.814 SHARES	268,760	268,760
SAFRAN ADR (SAFRY) 101.000 SHARES	5,504	5,504
SAP SE-SPONSORED ADR (SAP) 22.000 SHARES	5,417	5,417
SCHNEIDER ELECTRIC SE (SBGSY) 68.000 SHARES	3,376	3,376
SEA LTD ADR (SE) 56.000 SHARES	5,942	5,942
SIEMENS ENERGY AG ADR (SMNEY) 72.000 SHARES	3,766	3,766
SPOTIFY TECHNOLOGY SA COM EURO.025 (SPOT) 12.000 SHARES	5,369	5,369
STERIS PLC (STE) 14.000 SHARES	2,878	2,878
TAIWAN SEMICONDUCTOR MANUFACTURING ADS REP 5TWD10 (TSM) 38.000 SHARES	7,505	7,505
UBS GROUP AG COMMON STOCK (UBS) 95.000 SHARES	2,880	2,880
WASTE CONNECTIONS INC (WCN) 13.000 SHARES	2,230	2,230
WASTE MGMT INC DEL (WM) 972.048 SHARES	196,149	196,149

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

US Government Securities - End of Year Book Value:

398,684

US Government Securities - End of Year Fair Market Value:

398,684

State & Local Government Securities - End of Year Book Value:

285,264

State & Local Government Securities - End of Year Fair Market Value:

285,264

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GABELLI ASSOCIATES LIMITED CLASS A INITIAL SERIES 2,550.876 SHARES	FMV	2,387,460	2,387,460
INVESCO QQQ TR UNIT SER 1 (QQQ) 8,718.349 SHARES	FMV	4,457,082	4,457,082
ISHARES CORE S&P 500 ETF (IVV) 2,406.000 SHARES	FMV	1,416,364	1,416,364
ISHARES CORE S&P 500 INDEX FUND ETF (IVV) 1,291.000 SHARES	FMV	759,986	759,986
ISHARES NORTH AMERICAN-TECH SOFTWARE ETF (IGV) 1,800.000 SHARES	FMV	180,216	180,216
ISHARES S&P500 VALUE ETF (IVE) 1,886.909 SHARES	FMV	360,173	360,173
ISHARES TR BROAD USD HIGH YIELD CORPORATE BD ETF (USHY) 1,714.000 SHARES	FMV	63,058	63,058
JPMORGAN TR CORE PLUS BD ETF (JCPB) 2,287.000 SHARES	FMV	105,362	105,362
MFC ISHARES CORE S&P MID-CAP ETF (IJH) 4,430.000 SHARES	FMV	276,033	276,033
MFC ISHARES TR ISHARES CURRENCY HEDGED MSCI EAFE ETF (HEFA) 4,210.000 SHARES	FMV	146,298	146,298
MFC ISHARES TR RUSSEL 1000 GROWTH ETF (IWF) 492.000 SHARES	FMV	197,577	197,577
MFC ISHARES U.S. TREASURY BOND ETF (GOVT) 17,955.000 SHARES	FMV	412,606	412,606
MFC VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING (VWO) 3,394.000 SHARES	FMV	149,472	149,472
MFO BLACKROCK FDS V HIGH YIELD BD PORT INSTL CL (BHYIX) 33,953.430 SHARES	FMV	241,069	241,069
MFO DFA INVEST DIMENSIONS GROUP INC US SMALL CAP (DFSTX) 6,534.89 SHARES	FMV	319,752	319,752
MFO DFA INVT DIMENSIONS GROUP INC EMERGING MKTS (DFCEX) 7,542.550 SHARES	FMV	175,591	175,591
MFO HARBOR FDS CAP APPRECIATION FD RETIREMENT CL (HNACX) 4,668.790 SHARES	FMV	532,849	532,849
MFO MFS INSTL INTL EQTY FD (MIEIX) 5,877.260 SHARES	FMV	198,769	198,769
MORGAN STANLEY TR ETF EATON VANCE TOTAL RETURN BOND (EVTR) 3,384.000 SHARES	FMV	168,726	168,726
SCHWAB STRATEGIC TR FUNDAMNETAL INTRNTNL EQUITY (FNDF) 10,995.000 SHARES	FMV	365,144	365,144
SCHWAB US DIVIDEND ETF EQUITY (SCHD) 13,620.658 SHARES	FMV	372,116	372,116
SM MERGER/ARBITRAGE, L.P.	FMV	290,737	290,737
SPDR S&P 500 TRUST ETF (SPY) 9,983.968 SHARES	FMV	5,851,404	5,851,404
VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) 7,361.000 SHARES	FMV	352,003	352,003
VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF (VWO) 6,074.000 SHARES	FMV	267,499	267,499
VANGUARD MID CAP ETF (VO) 695.000 SHARES	FMV	183,570	183,570
VANGUARD MID CAP ETF (VO) 878.564 SHARES	FMV	232,055	232,055
VANGUARD SHORT-TERM TREASURY ETF (VGSH) 13,159.000 SHARES	FMV	765,591	765,591
VANGUARD SMALL CAP ETF (VB) 596.000 SHARES	FMV	143,207	143,207
VANGUARD SMALL CAP ETF (VB) 958.551 SHARES	FMV	230,321	230,321
VANGUARD SMALL CAP V ETF (VBR) 410.000 SHARES	FMV	81,254	81,254
VANGUARD TOTAL BOND MARKET ETF (BND) 5,864.000 SHARES	FMV	421,680	421,680
VANGUARD TOTAL STOCK MARKET ETF (VTI) 3,850.000 SHARES	FMV	1,115,769	1,115,769
VANGUARD VALUE ETF (VTV) 362.000 SHARES	FMV	61,287	61,287

- TIN:

TY 2024 LegalFeesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GENERAL AND ADMINISTRATIVE LEGAL COUNSEL	5,000	0		5,000

- TIN:

TY 2024 OtherExpensesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
FILING FEES	25	0	25
INSURANCE	2,293	0	2,293
MEMBERSHIP FEES	3,320	0	3,320
OTHER INVESTMENT EXPENSES	32	32	0
OTHER DEDUCTIONS THRU SCHEDULE K-1	0	7,299	0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
NET RENTAL REAL ESTATE INCOME (LOSS) THRU SCHEDULE K-1		-31
OTHER INCOME (LOSS) THRU SCHEDULE K-1		-8,406

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	2,869,443

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT AND ADVISORY	76,125	76,125		0

- TIN:

TY 2024 TaxesSchedule

Name:

SG SCHIMENTI FOUNDATION INC

EIN:

45-4076946

Category	Amount	Net Investment Income
FEDERAL EXCISE TAX PAID	28,000	0
FOREIGN TAXES WITHHELD	11	11
FOREIGN TAXES WITHHELD THRU SCHEDULE K-1	0	80